CBI chargesheets garment firm, two directors in Rs 11.7 crore bank fraud

New Delhi: The CBI has filed a chargesheet against Diksha Garments Pvt Ltd, and two of its directors in a Kolkata court, in connection with a bank fraud case, where the accused had defrauded the SBI off Rs 11.7 crore approximately, officials here said on Monday.

The Central Bureau of Investigation filed a chargesheet against the company, Pankaj Gupta and Mrigendra Nath Thakur in the case, alleging that they had conspired to fraudulently get loan amounts disbursed from the public lender.

The central agency had registered a case against the abovementioned in September 2018, alleging that Gupta and Thakur had conspired with other officials of their company to submit forged documents to the bank, in order to avail credit facilities.

The CBI alleged that the accused misrepresented facts and induced the bank to accept land-related papers dishonestly to give the bank an impression of having an equitable property for mortgage against loans.

Officials here said that the probe had established "beyond a reasonable doubt" that the accused had submitted forged balance sheets and availed letters of credit and cash credit worth around Rs 7.5 crore each.

Moreover, the CBI has charged that the directors of Diksha Garments had diverted the loan amounts to Sanjana Garments, another company with the same directors as Diksha, and siphoned off the

funds.